HomeTradingPixelport Launches Testnet for Cross-Chain NFT Trading and Fractionalization - Crypto-News.net

Pixelport Launches Testnet for Cross-Chain NFT Trading and Fractionalization – Crypto-News.net

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Pixelport, an NFT-focused platform, has launched its incentivized testnet, enabling developers, creators, and early adopters to test cross-chain NFT trading and fractionalization capabilities. The launch, powered by Analog’s Generic Message Passing (GMP) protocol, aims to simplify the creation, management, and transfer of NFTs across multiple blockchains.

The platform’s testnet went live on December 30, 2024, providing tools and incentives for participants to explore its features. Pixelport integrates cross-chain compatibility, fractional ownership, and secure transfers to address liquidity challenges in the NFT market.

Key Features of Pixelport

Pixelport leverages Analog’s GMP protocol to enable seamless NFT interoperability. Developers can access a turnkey software development kit (SDK) and application programming interface (API) to create cross-chain NFT collections and fractionalize assets for increased liquidity. These features extend NFTs’ use cases beyond digital art, targeting sectors such as real estate, gaming, and decentralized governance.

According to Pixelport, the platform also supports bridging NFTs between blockchains, making assets more accessible and transferable.

Incentivized Quests and Rewards Program

The testnet launch includes an incentives program with tasks designed to encourage user engagement. Participants can earn Pixel Points (PP) by completing quests, including:

  • Multi-Chain Collections: Deploy NFT collections across multiple blockchains like Ethereum and Binance. (Reward: 150 PP)
  • Bridge NFTs Between Chains: Transfer NFTs between supported blockchains. (Reward: 100 PP)
  • Deploy Additional Collections: Expand existing collections to other chains like Arbitrum. (Reward: 100 PP)
  • Mint New NFTs: Create and mint NFTs on supported networks. (Reward: 100 PP)

Collaborative quests with partners such as Analog, Rarible, and Pudgy offer additional rewards, including exclusive incentives and early access features.

Market Context and Future Prospects

The NFT market is expected to reach $13.6 billion by 2027, driven by growing demand for interoperability and fractional ownership. Pixelport’s approach aligns with these trends, addressing fragmentation and improving liquidity.

Early adopters participating in the testnet could also qualify for a future Pixelport airdrop allocation and Analog Testnet Points (ATP). Staking Pixelport NFTs will provide ANLOG token rewards, enhancing long-term value for participants.

About Pixelport

Pixelport is a super app focused on enabling cross-chain NFT functionality, including minting, fractionalization, and transfers. The platform aims to simplify NFT trading and improve accessibility, security, and liquidity across multiple blockchains.



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